Bitcoin volatility has always been one of the flaws that Bitcoin critics cite many times.

But according to a new study from investment management firm VanEck, bitcoin is less volatile than many S&P 500 stocks.

compare VanEck, the company that monitored bitcoin for S&P 500 companies, found that bitcoin was less volatile than the 112 stocks listed in the S&P 500 index in a 90-day period.

Last year, bitcoin was a better bet than the 145 stocks listed on the S&P 500.

Bitcoin has been criticized by some in the world of traditional finance for its volatility.

But VanEck said things are not as simple as previously thought, telling the company in a blog post published on Friday:

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While Bitcoin remains a volatile asset, researchers and investors may be surprised as to what other major assets have been more volatile than Bitcoin.

Much of the volatility over the past few years can be attributed to sensitivity to the small overall market size, regulatory hurdles and generally limited penetration into mainstream equity and capital markets.

The company added that a Bitcoin ETF (an investment vehicle that tracks the value of a currency) does not exist yet, but when it is approved it may show similar volatility characteristics as many stocks in well-known indices and ETFs.

It is not the first time that Bitcoin has proven to be a better investment than traditional stocks.

Where the bitcoin rose from the price of $ 4000 recorded in March 2020 to $ 18,500 at the time of writing this article, beating all other investment assets in terms of annual investment return.

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